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PNC Virtual Wallet Student

3.4WalletHub Rating

WalletHub Rating

3.4

This product has been scored using WalletHub’s proprietary rating system for banking products. We evaluated this account for various consumer needs and picked the rating for the need with the highest score, which is "Everyday checking for students."

User Reviews

4.1

Market Comparison

3.3

Fees: 3.6

Interest Rates: 0.0

Annual Cost: 3.3

Other Features: 5.0

RatesFeesUsageReviewsQ&AContact

WalletHub Rating

3.4/5

PNC Virtual Wallet Student has a rating of 3.4/5 according to our proprietary banking rating system. This rating reflects how appealing PNC Virtual Wallet Student's terms are compared to a pool of more than 600 checking account offers tracked by WalletHub. We evaluated this product for various consumer needs and picked the rating for the need with the highest score, which is "Everyday checking for students." To break it down further, PNC Virtual Wallet Student earned a score of 3.6/5 for Fees, 0.0/5 for Interest Rates, 3.3/5 for Annual Cost, and 5.0/5 for Other Features. Info about the PNC Virtual Wallet Student has been collected by WalletHub to help consumers better compare checking accounts. The financial institution did not provide the details.

WalletHub Rating Breakdown

User Reviews

4.1/5

14 reviewsRead and write reviews

Market Comparison

3.3

The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a checking account are compared to a pool of over 600 offers monitored by WalletHub. To ensure products are evaluated for their most relevant purpose, we score each account across various consumer needs and select the rating for the need with the highest score, which is "Everyday checking for students" for this checking account.

Fees

3.6

Interest Rates

0.0

Annual Cost

3.3

Other Features

5.0

3.3/5

Compared against 600+ checking accounts

PNC Virtual Wallet Student Rates

Balance	APY
$0+	0.00%

None

PNC Virtual Wallet Student Fees

	None
	N/A
	N/A

	None
	$36
	N/A

PNC Virtual Wallet Student ATM & Debit Card Usage

	None
ATM Network Size	60,000 ATMs
	$3
	up to 2 transactions per month

	3% (and $5)
	VISA
	3%

WalletHub Review

No monthly fee for students.

No overdraft protection transfer fee.

No signup bonus.

fees for out-of-network ATM transactions are higher than other banks.

PNC Virtual Wallet Student Additional Info

	No
	$0 per month
	Proof of active enrollment in a qualifying educational institution.

Apply Now

at PNC's secure site

Checking and savings combined to cover your banking needs from high school to college.As an active student with Virtual Wallet Student, you’ll have no minimum balance requirement or monthly service charge for 6 years from the date of account opening.At the end of the six years, your account will be converted to Virtual Wallet and subject to the Virtual Wallet Features and Fees in effect at that time.Reimbursement of the fee for the first 2 domestic or international non-PNC Bank ATM transactions.One automatic courtesy refund of any Overdraft Item fees associated with the first overdraft event on your Spend account.One incoming domestic or international wire transfer per statement period at no charge.2,200+ locations and approximately 60,000 PNC and Partner ATMs from coast to coast

Apply Now

at PNC's secure site

PNC Virtual Wallet Student Q&A

Can't find what you are looking for? Submit your question about PNC Virtual Wallet Student to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this offer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Upvote

Can you have a savings account linked to this account which can cover any overdrafts?

Upvotes

can 12 year olds have the account and use the visa debit card and the app

Upvotes

Will I be notified when my student account gets converted into a Virtual Wallet account?

James W Reed, Credit Cards Moderator

You will be notified when your student account gets converted into a Virtual Wallet account.

Upvotes

I'm allowed 6 free transactions a month. Does using your debit card count as one transaction?

Upvotes

What is the age requirement for a Visa debit card?

James W Reed, Credit Cards Moderator

In order to apply online you will need to be at least 18. If you are younger, you will have to open a joint account with a parent or guardian. Please find more details here: https://www.pnc.com/en/personal-banking/banking/student-banking.html.

Upvotes

Do you have to be at one of the schools listed on the website? What is a 'qualifying institution'?

WalletHub

In order to avoid the monthly service fee for the Virtual Wallet Student checking account, you need to be enrolled in the institution mentioned here: https://www.pnc.com/en/personal-banking/banking/student-banking.html.

Upvotes

Can a high school student open a Virtual Wallet Student account? If not, does the high school student pay the $7.00 monthly service charge?

Upvotes

What else do you need besides two forms of identification when getting a student account?

WalletHub

When getting a student account, you will need to provide a valid U.S. address, Social Security Number and a second form of ID (Driver's License, or State Issued ID or Miltary ID).

Upvotes

What is the minimum student age? Do we need to bring the student's SSN to the application meeting?

WalletHub

To apply online the minimum age is 18. If you are younger than 18, you need to visit a branch and bring your parent or guardian to apply. Please note that you will need to bring your student ID, report card or other proof of student status, as well as a valid SSN.

Upvotes

Is the usage of foreign ATM withdrawals included in the rebate of the ATM surcharge?

PNC Virtual Wallet Student Reviews

Share your insights and review the PNC Virtual Wallet Student

4.1

What's Your Rating?

Maen
November 12, 2015 • @maen

Everything about PNC was great, I got my account activated in couple days, there was no fees for student's account, and overdraft protection, the only missing thing about them is that I didn't get a Chip-card, I'm still waiting for it.
One problem I had with them, when I changed my address, they changed the account address but not the card address and I had to go through hard times with their customer support to solve this problem. Other than this everything was great.

Comment

Josh Hinnebusch
May 29, 2015 • @joshh1

I have had nothing but good service with PNC. No monthly fees, overdraft protection, and ATM reimbursement really help out as a college student who doesn't have much cash. Their customer support is second to none and I have had nothing but good experiences with them. I plan to have my future checking and savings accounts with PNC, and I look forward to using their services.

Comment

Regan Williams
November 13, 2014 • @reganw1

I love this account with PNC! It is perfect for me right now for several reasons. The best feature is that you do not have to maintain a minimum balance. This is such a huge stress relief because as a student you are broke majority of the time and need to use all the money you have.

Comment

Laurie Lecocq
November 7, 2014 • @lauriealecocq

I absolutely love having my bank account through PNC. I have the PNC Virtual Wallet Student Account, and love that I don't incur any monthly fees. A lot of accounts that offer no fees have a bunch of different stipulations-like making you keep a higher minimum balance in your checking account at all times, but with this account, I don't have to. Not having to worry about what dropping below a certain minimum balance makes this account great! One of the features besides the Virtual Wallet that I use a lot is online bill pay. I was able to set up all my bills, so once I get my different bills each month, all I have to do is log in, choose the company that I want to pay, (Example: My Capital One Credit Card) type in the amount that I want to pay, along with the date that I want it paid, and click select. I also love that you can see you previous billing history of what accounts you have paid in the past. This is exceptionally great because I don't have to worry about saving and filing a receipt. I highly recommend the PNC Virtual Wallet Student Checking Accounts!

Comment

+ 10 WalletHub users submitted a rating without writing a full review

Review PNC Virtual Wallet Student

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